Answers By Expert: Research Team
Sir, If the company pays expenses for education of the whole time director in a university, is it deductible expense? Also, is tds applicable on the same? Pl clarify
► Read Answer
I got appointed on 11-03-2020 . the CID report on character reviced on 28-12-2020 as involve in criminal case still subjudice. I got acquitted on 28-11-2022.the acquittal order copy submitted the department also no appeal pending report regarding this matter also submitted on department 27-05-2023. Now the department serve show cause notice against me on 17-06-2023 regarding CID report and may me to reply in week, s how can i reply it
► Read Answer
Whether the paper book to be filed before the ITAT as well as the copy of the same whichis to be served upon the Income tax Departmental Representative be dispatched by speed post (registered post). Kindly advice
► Read Answer
Dear all, I had one query: An assessee had himself filed his income tax return for the F.Y. 2014-15 and inadvertently shown Income of F.Y. 2015-16 in F.Y. 2014-15. There was no income in F.Y. 2014-15 as the assessee was unemployed. Later on Return of FY 2015-16 was filed with the actual income of FY 2015-16. Can the return of income filed for F.Y. 2014-15 be deemed invalid by the Department and vacate the demand? The return of income filed for F.Y. 2014-15 was filed erroneously and there was no income during the relevant financial year and thereby NO TDS,…
► Read Answer
Dear Sir /Madam , pl advise on below note: Elder son looking after the family for 20 years and in this duration he buy the property in the name of Mother .Now 78 years old mother willed the property in the name of Younger brother is there any hope the edler son claim his right
► Read Answer
A Search and Seizure action was carried out on the residence of Mr. X and his Group Company premises. In pursuance of the said search, the Dept has issued notices u/s 148 for A.Y. 2013-14 onwards to various entities. In light of the same, Certain Notices are issued in the name of Y and Co Private Limited' which had merged with Z and Co Limited; Writ Petitions against the same are filed in light of Maruti Sukuzi (SC) and Alok Knit Exports Pvt Ltd (Bom HC). M/s. T Private Limited is also been issued with a similar notice which is…
► Read Answer
Third-party evidence for making a reassessment of whether valid
► Read Answer
does ESOP gives voting rights